Retirement plan

AUBURN GEAR, LLC TAX DEFERRED SAVINGS PLAN AND TRUST

Name: AUBURN GEAR, LLC - AUBURN GEAR, LLC TAX DEFERRED SAVINGS PLAN AND TRUST (2016) Form 5500
Creator: AUBURN GEAR, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, AUBURN GEAR, LLC TAX DEFERRED SAVINGS PLAN AND TRUST, AUBURN GEAR, LLC

AUBURN GEAR, LLCEIN 31-1046149Plan #003PY 2016

400 EAST AUBURN DRIVE - AUBURN, IN 46706260-925-3200auburngear.comLinkedIn51-200 employeesmachinery

Other plans on this EIN

2 filings

#001Retirement-$4.7M assets #002Retirement-$2.1M assets

Prospect flagsHigh cash

How to read this page

Total assets (EOY)

$6M

+6.5% from 2015

Total participants

155

-8.8% from 2015

Average account balance

$39,532

+16.3% from 2015

Annual return

7.51%

+9.85 pp from 2015

Benchmarks

See 4,221 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort4,221 peers

Snapshot2016

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$18.19M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$94K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

194

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

99.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.58M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$12K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+12.92%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$391

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Top 5 by compensation

Provider	Service type	Compensation
AMERICAN UNITED LIFE INSURANCE CO2+ years Filed as: ONEAMERICA RETIREMENT SERVICES LLC Service code 15 · EIN 46-5378846	Recordkeeping	$20,318
ASCENSUS LLC1 year Filed as: BADEN GAGE & SCHROEDER, LLC Service code 10 · EIN 35-1939627	Accounting	$8,300
DIMEO SCHNEIDER & ASSOCIATES LLC2+ years Service code 27 500 WEST MADISON STREET · CHICAGO, IL 60661	Advisory (Plan)	$5,344
BMO HARRIS BANK NA2+ years Service code 19 · EIN 36-2085229	Securities Custodian	$0
BMO HARRIS BANK NA1 year Filed as: BMO HARRIS BANK, N.A. Service code 19	Securities Custodian	$0

Plan features & details

Pension benefit codes2E2F2G2J2K2S3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

1 tripped

OpportunityHigh cash
More than 10% of assets are held in cash - possible menu-design or default-fund problem.

Expense breakdown

Schedule H Part II

Admin total

$34K

$250 / participant

Investment mgmt$5K15.7%
Other / not subdivided$29K84.3%

% of EOY assets

0.565%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: BADEN GAGE & SCHROEDER, LLC
Auditor EIN: 351939627
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$39,532

$60,165-34.3%

$74,184-46.7%

$55,167-28.3%

Participation rate

97.8%

74.2%+23.6pp

76.6%+21.2pp

69.0%+28.8pp

Annual return

7.51%

10.00%-2.5pp

17.74%-10.2pp

169.23%-161.7pp

Employer contribution / active EE

$1,589

$1,600-0.7%

$2,370-33.0%

$1,963-19.0%

Participant deferral / active EE

$4,775

$2,973+60.6%

$3,550+34.5%

$3,054+56.3%

Admin fee / account holder

$223

$419-46.7%

$5,586-96.0%

$504-55.7%

Provider

Service type

Compensation

AMERICAN UNITED LIFE INSURANCE CO2+ years

Filed as: ONEAMERICA RETIREMENT SERVICES LLC

Service code 15 · EIN 46-5378846

Recordkeeping

$20,318

ASCENSUS LLC1 year

Filed as: BADEN GAGE & SCHROEDER, LLC

Service code 10 · EIN 35-1939627

Accounting

$8,300

DIMEO SCHNEIDER & ASSOCIATES LLC2+ years

Service code 27

500 WEST MADISON STREET · CHICAGO, IL 60661

Advisory (Plan)

$5,344

BMO HARRIS BANK NA2+ years

Service code 19 · EIN 36-2085229

Securities Custodian

BMO HARRIS BANK NA1 year

Filed as: BMO HARRIS BANK, N.A.

Service code 19

Securities Custodian

AUBURN GEAR, LLC TAX DEFERRED SAVINGS PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

AUBURN GEAR, LLC TAX DEFERRED SAVINGS PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion